After the promotional period, the fallback is the cash advance rate is a high 21.74% p.a.

Our review

Our review of the NAB Low Rate CardReviewed by Yvonne Taylor

There’s more than one way to get rewards from your credit card. If collecting points is not your thing, why pay – via a high purchase interest rate and steep annual fee – for points you won’t ever use? The true rewards that come with the NAB Low Rate Card are the long zero-interest offer on balance transfers, the low ongoing purchase interest rate, the higher-than-average (for NAB) interest-free days, and the very reasonable annual fee.

4.99% p.a. balance transfer option for 6 months

Bring across to your new card any accumulated debt from your existing non-NAB card or cards, and take advantage of 4.99% p.a. interest on balance transfers for 6 months. (This is a special offer, an alternative to the standard balance transfer terms of 0% p.a. for six months.)

Balance transfers are a gift if you are an organised and disciplined credit card user, letting you use someone else’s cash for free, except for the – balance transfer fee. You could earn interest when you deposit into a bank account the funds you would otherwise have used to make repayments. Then pay off the balance in full at the end of 6 months in order to avoid paying the steep revert interest rate, which in this case is the cash advance rate of 21.74% p.a.

In the situation where you can’t afford to repay the balance on your existing card and need the balance transfer to help you out of temporary liquidity problems, you can save some serious money. If you transferred a balance of $5,000 from a card where the purchase rate was 20% p.a. you would save $1,149 over 6 months (even allowing for the – balance transfer fee), and the 2.5% minimum repayments would become really effective, reducing your debt to just $3,335.

Low 13.99% p.a. ongoing purchase interest rate

The problem with having an unpaid balance transfer on your credit card account is that you forfeit the normal interest-free days, meaning that any purchase transactions attract interest from the day they are made. So it’s best to avoid using your card for purchases while you have a balance transfer in place. However, if you find yourself in a situation where you absolutely must use the card to pay an unavoidable bill, it will be much better to pay interest at this low rate of 13.99% p.a. than at a rate of 20% p.a. or more.

Even if you don’t take up the balance transfer option, it’s possible that you will sometimes be unable to clear your purchase balance in full by the due date, or simply forget to make the payment on time. The result will be that that you will forfeit your interest-free days for the next two months. This can be painfully expensive, with standard credit card interest rates in the region of 20%. If your average monthly purchases are around $2,000, being just a couple of days late with your payment could cost you as much as $67 in interest.

However, since the NAB Low Rate Card has a much more reasonable 13.99% p.a. interest rate, your interest payment would be much lower – only $47 – in the same situation. And if you are going to have long-term credit card debt and have run out of balance transfer options, paying 13.99% p.a. instead of around 20% is going to make an enormous difference.

Extra interest-free days

One of the downsides of NAB credit cards is that the vast majority of them come with only 44 interest-free days each month. But not this one. This is one of only two NAB cards that come with Up to 55 days on purchases. (The other one is the NAB Low Rate Platinum Card.)

It may not sound like a big difference, but in fact it amounts to 132 days of extra credit each year. That’s an extra 132 days in which your hard-earned cash can remain in your savings or mortgage offset account, either earning interest or reducing your mortgage interest bill.

No points, no insurance, no frills

Bonus benefits, like frequent flyer and other reward scheme points, airport lounge passes and wide-ranging insurance cover, all come at a price. You will end up paying for them in the form of high purchase interest rates or, more likely, a high annual fee. With this very basic card, however, there’s none of this to pay for, and no complex rewards system to get your head around.

But some built-in benefits you can actually use

You will, however, receive lots of other benefits that make your card more convenient as well as more secure. You’ll be able to make contactless purchases up to $100 with Visa payWave, rely on NAB Defence to monitor fraudulent transactions, and take advantage of Verified by Visa online fraud protection service, as well as Visa Global Customer Assistance if you need emergency travel support.

Download the NAB app for more control over your card: One Touch ID lets you log in to your account with more security; you can block and unblock your card if you temporarily lose it (no need to cancel the card in this situation); you can turn payWave, online transactions and overseas transactions on and off with just a swipe; add NAB Pay for Android to your compatible phone to turn it into a Tap and Pay digital wallet.

Low annual fee

While it’s possible to argue that a 'no frills’ card like this one should have no annual fee at all, the $59 p.a. annual fee is pretty reasonable given that you get Up to 55 days on purchases on purchases each month, provided you have no unpaid balance on your account. There’s no annual fee for an additional cardholder, and you will get at least one complimentary benefit in the form of membership of Visa Entertainment’s pre-sales privileges and discounts for concerts, shows, movies and sporting events.

A card designed for . . .

There’s no doubt that the uncomplicated NAB Low Rate Card is aimed at balance transfer users and lower income earners (since there is no minimum income requirement and a minimum credit limit of $500). Frequent flyer and other rewards points collectors should look elsewhere, and if you expect anything other than basic Visa lifestyle benefits you won’t be impressed. But everyone, at any income or spending level, can find benefits in the combination of a low ongoing purchase interest rate (even if it’s only for when you’re forgetful) and a low annual fee.

User reviews

3.8 out of 5.0 based on 77 reviews92% of reviewers would recommend this card

Rates and fees

Rewards

Customer service

Convenience

Trust

Reviews from users

Great balance transfer and everyday purchase offer

Reviewed and recommended by Chrissanna on 22 Jul 2016

NAB gave a really great deal on this card when I applied for a balance transfer for 15 months interest free. Plus at the time, they were offering 15 months interest free on all other everyday purchases! Very happy with my experience so far and stoked that a bank gave such a great offer. Definitely a big help and gives a good chance to get on top of other bills as well.

More money in my pocket

Reviewed and recommended by Kristi on 03 Jul 2016

NAB’s Low Rate card has low rates, low interest, no hidden fees, and good customer service. I am very pleased and could not be happier.

I highly recommend this option if this is your first time getting a credit card. Do your research and you will find NAB is the right way to go for low interest rates.

The best card for low earners!

Reviewed and recommended by Leannee on 03 Jul 2016

I originally got this card when I was divorced so I could cover unexpected but urgent and needed emergency expenses that cropped up occasionally. Plus lately, with the cost of basic living rising a lot more rapidly than my disabled pension, I now use it to buy medications or food.

Saved a heap -15 months interest-free and low rate

Reviewed and recommended by Kate on 28 Nov 2016

I love this card! I switched from a high-interest card to my NAB low-interest card and have saved a ton of money. They offered me 15 months interest free on a balance transfer, which was amazing.

I would highly recommend this card to anyone who wants great rates and isn’t worried about not receiving points.

Easy banking, less hassle

Reviewed and recommended by Jamie on 08 Sep 2013

A trusted bank with a good low rate Visa card, hassle free and trust worthy. Low interest rate, easy to use, and handy to have, can make payments easily online, and apply for credit increase or decrease easily. Banking with a firm that is trusted is always the way to go and NAB is the best.

Love it

Reviewed and recommended by Debbie on 31 Mar 2014

Love my credit card. Low rate and friendly people to talk to always remember you and ask about your family. they make me feel like one of their family. I bet we well asked to Christmas dinner next. thank you national Australia bank for being there for our family and home.

Great all rounder

Reviewed and recommended by Matt on 07 May 2014

I’ve been using this card for years and it has always been great because of its low rate of interest. When you don’t get the card paid off in time, its nice to know the interest isn’t excessive. Also NAB are very helpful, and it has been a breeze increasing my limit online when I needed to. Only downside is there are no extra rewards like frequent flyer points.

Unhappy, wish I never had this

Reviewed and not recommended by Angela on 03 Jul 2015

I have been hacked twice and not received the whole amount of money back. I get charged over the top interest rates in comparison to other banks. I wish I never joined the National Australia Bank. Once I can I am going to leave altogether.

Average card

Reviewed and not recommended by Malik on 02 Jul 2016

I have used the card for years now and it is pretty decent to keep if you know to play the game well. We joined with no annual fee—ever—and because we pay off the balance in full every month we also benefit from the 55 days interest-free.

Great low rate card

Reviewed and recommended by Michelle on 20 Sep 2016

It’s a great card for balance transfers. I think initially I got the first 15 months free, or thereabouts. Once paid off, I continued to use the card.

There are no rewards though, which is a bit of a downside. It has a low-interest rate and allows around 55 days interest free, which is a bonus.

Show 67 more reviews

A good card

Reviewed and recommended by Melissa on 12 Jul 2016

I’ve had this card for about 5 years and have been very happy with it and the customer support from NAB. I really like the low interest rate on the card—I’m sure it has saved me heaps over the years!

I would definitely recommend this card to anyone considering a low rate option for a credit card.

No extra hidden charges

Reviewed and recommended by Linda on 04 Aug 2013

NAB is good. They have no extra hidden charges. I have been overdrawn and they have not charged me for it. The fees are low and acceptable. The online service is easy to follow and the customer service is terrific. It is linked to Qantas Frequent Flier points as well.

No dramas!

Reviewed and recommended by Cristie on 24 Aug 2015

I have just travelled overseas with this card and have had no dramas at all. This card was very well protected and showed all my transactions in a reasonable amount of time with internet banking. It has given me a chance to go travelling and not feel bad for spending within the first 12 months interest free.

I would definitely choose this card again and recommend to others. Thank you NAB!

Low fees, low interest.

Reviewed and recommended by Nicholas on 16 Sep 2016

I was looking for a card with a low rate as I sometimes can’t pay back the full amount owing every month. The NAB low rate card also has low fees, so I’m not paying a huge premium for the privilege of using the card.

I’m always open to looking at other cards though, to see if there is a card that better suits my needs.

I'm happy with my credit card

Reviewed and recommended by Mark Millikin on 14 Jul 2015

I got this card for the convenience of extra money for Christmas and holidays if we run a little short. And it has been very handy. I do find it very hard not to use it as soon as I pay it down a little. And I like the fact that with my bank they text me when I’ve gone over my limit.

It helps me out when I have little emergencies.

Reviewed and recommended by Skits on 11 Jun 2015

I find it great in emergencies and where certain purchases require a credit card, it is just nice to know I have it on hand. There are just some times when you have not got the big amounts of money on hand to pay for breakdowns or emergencies. Peace of mind.

I saved a lot of money

Reviewed and recommended by Paula on 14 Jun 2016

Took advantage of 24 month interest free transfer offer with the NAB Low Rate card and saved a small fortune in interest. The best my previous credit card provider offered was a reduced rate for a short period of time after 26 years as a customer, which was very disappointing. I’m a loyal customer, but not a fool, so I’ll stick with my new NAB card.

Helps me out when I have little emergencies

Reviewed and recommended by Skits on 17 Jun 2015

When there are little emergencies it is good to know you have the back up: you never know when an emergency might happen. If the car broke down I would know I could just buy another one on credit and pay it off slowly. To me that gives me a stress I do not need.

Why you should apply

Reviewed and recommended by nab visa pay wave on 21 Aug 2013

As a pensioner I find this is a very good card to have there is no fees the customer service can not be faulted easy to use if you don’t spend to much. All you have to do is wave the card over the machine which save time and some people have trouble remembering pin numbers.

This card is super easy to use

Reviewed and recommended by Patricia Miinchow on 09 Oct 2014

This card works well with my everyday life, the rates are incredibly low, the service that I have received has been amazing, with any questions that I have asked being answered with ease. The only thing that lets it down is the lack of reward options. If reward points were included this would be the perfect card.

A simple, no frills card

Reviewed and recommended by Case27 on 05 Sep 2014

This card is for emergency vet visits and things like that. The interest rate is low, the annual fee is on par with other cards. It’s no frills, and great for my needs. NAB Internet banking is really good, and their telephone service is excellent too. My only bugbear is that I applied online, nobody bothered to get back to me with a yes or no, I just received a card in the mail a week later. It was a bit bizarre!

I love the customer service

Reviewed and recommended by Marie on 14 Jun 2016

I have 2 kids, so life is hectic at times. If i missed the payment I get a call with options and extensions if I need. The monthly minimum fee is low and easily payable. They always give me 4 options when they call: pay now; within 3 days; within 7 days; or to speak to someone. Also asks how i’ll be making the payment too. So I am covered.

Great security and service

Reviewed and recommended by Debbie on 02 Aug 2016

NAB have great security. Anything out of the ordinary and they are on the phone to check. They saved me a couple of times, and I’m very grateful.

Pretty average credit card when it comes to rates and fees.

Would recommend NAB for the security and great customer service. Great staff, well done NAB.

Makes shopping so much easier with payWave

Reviewed and recommended by Lisa on 01 Aug 2013

I love my card it makes shopping so much easier with the payWave on it. And the fact that I can buy online with my card makes thing just that little bit easier. I don’t think I would go to anyone else for a bank card NAB seem to be the best so far.

Perfect for a uni student

Reviewed and recommended by Christopher on 21 Aug 2016

Low yearly fees and interest, perfect as an emergency card or for everyday use. No interest for 12 months. Very easy to setup and to monitor transactions. Perfect for a uni student or someone who is studying but who likes to make purchases, as the interest rate on purchases is low in comparison. The best card and service I have ever had and the main thing is that it is very reliable.

I'm glad that I got this card

Reviewed and recommended by Indika on 12 Jul 2016

It’s the best decision I have ever made! It’s the only credit card I use. The customer service is great, and It’s easy to apply for a credit card. NAB is a great bank and trustworthy. It has low fees, and you can get the card in different colours. Girls can go for pink. I have no drawbacks to mention. Highly recommend to all.

The best credit card for all kinds of uses

Reviewed and recommended by Christopher on 22 Oct 2016

This card has very low fees, is easily accessible, and has an interest-free period. What could be better than that?

It’s easy to apply and I have had no problems with the card whatsoever. It’s perfect, from uni students and people studying, all the way to business purposes and for everyday use. I highly recommend the NAB Low Rate Credit Card.

OK, but lack of rewards is disappointing

Reviewed and recommended by Rupert on 10 Apr 2017

The card was reliable, with a good introductory limit which I never exceeded, and it had good integration with Internet banking.

The lack of rewards was pointedly disappointing. More benefits for usage would have incentivised me to make greater use of my card. Likewise the new feature of being able to remove contactless payments on my card would have made me feel more secure in carrying my card around with me.

As a low-rate, no-frills card with limited fees for the first 18 months, it worked well for my limited needs.

Generally happy with the card

Reviewed and recommended by Maxy on 03 Oct 2013

Easy access for emergency purchases. Also very convenient for online shopping. I really appreciate the low cost. Another welcoming aspect is that it is linked to the fly buys rewards system that we use. Very convenient. The card itself is very good looking. I have had no problems with it at all.

It works for me

Reviewed and recommended by Jacob on 18 Jul 2016

I’ve got a credit card so I’m never without funds, because you never know what’ll happen.

I filled the credit limit and was offered an increase, which has helped a lot too. I can access up to $5,000 without worry whenever I need it.

Paying off is simple, as you can pay just the minimum or pay off more than that to help zero your balance more quickly.

Good all rounder

Reviewed and recommended by Karen on 15 Jul 2016

This card is a good all rounder. I am pleased with the fees and the convenience of this card and am happy with the level of customer service and aftercare. The interest rate is reasonable and the rewards are quite good. I would recommend this card as a great family card or a starter card.

I have a pink credit card

Reviewed and recommended by Sixela on 13 Jun 2015

National Bank Australia offers a bright pink Visa card that is easy to find and easy to use. I love the 11.9% interest on purchases after the first twelve months and the generous $0 annual fee. You will be showing bling when shopping with this card, it’s so feminine and feels like a best friend.

Happy with my credit card

Reviewed and recommended by Kerry Lee Crocker on 13 Sep 2013

The low fees suit my needs. Would be nice to have a higher credit limit. Rewards would be a nice incentive to pay entire card balance. I got this particular card because of the low rates associated with it. Love being able to choose the card colour.

Low revert rate on interest-free balance transfer

Reviewed and recommended by Rhys on 12 Dec 2016

NAB’S Low Rate Card has a low interest rate on both cash advances and everyday purchases. NAB offered a generous 16 months 0% interest balance transfer that I took advantage of to move some debt from a high-rate Virgin Australia card. The kicker to this is that even after the 16 months interest-free period, the balance transfer only reverts to the low rate (12.7%). Almost all other cards revert back to a much higher rate (20-21%), so this offers me great peace of mind.

NAB’s Internet banking portal is a breeze to use, with the text size, font, and layout clear and concise. The layout is easy to navigate to the most common areas like transfers, payments, account overview and bills.

Low interest, easy to understand

Reviewed and recommended by Rachel on 29 Oct 2016

This is an amazing credit card with low interest. The card served its purpose on numerous occasions and is now being paid out easily.

The terms and conditions are easy to understand and straightforward.

This account is perfect for someone looking for a short-term answer which will be easy to pay out. I love it.

Never fails, excellent service

Reviewed and recommended by Veronica on 02 Oct 2016

My NAB Credit card has not failed me in any location that I have been, plus the service that I receive from NAB is excellent.

There’s an easy sign-up service, with good advice and different options to sign up for. I really think a choice of cards is excellent for different types of people and what they require.

Awesome service

Reviewed and recommended by Meredith on 14 Aug 2013

Awesome service and rewarding. I always pay it of monthly and never pay interest. I love my flybuys rewards and only pay a yearly fee. We have all our banking business with the National Bank. I would recommend the National Bank Credit Visa card to everybody and the National Bank also.

Interest-free balance transfer, good website

Reviewed and recommended by Toni on 01 Nov 2016

It’s easy to apply, with fast approval and zero interest on a balance transfer. I have saved money using this card.

And I wasn’t a NAB customer before applying for this card, but that didn’t matter. The website is user-friendly and easy to navigate. I recommend this credit card to everyone.

Good service

Reviewed and recommended by Ian on 13 Sep 2013

I find the NAB to be very reputable in its handling of my credit card. Will continue to use this service. I would recommend NAB, as my card is easy to manage and they contact me immediately if there is any unusual activity. Transferring funds to my credit card is simple.

Overall good emergency card

Reviewed and recommended by Ella on 10 Aug 2016

It was very handy at the time, with the balance transfer from another card. It keeps my interest rate low and allows me to pay for other expenses. It’s a good emergency card. But if I was going to use it for everyday purchases I would change to something that offers rewards. I recommend it to someone who cares about interest rates, if they were shopping the market.

Fantastic if you don't want to spend a lot

Reviewed and recommended by Sonja on 27 Aug 2016

I’m so happy with this card. I’m not a huge spender but need a bit every now and again, so this card has been a huge help. I have even recommended it to a few friends and they think it’s great. I would recommend this card to people who want to spend, but not spend too much.

Interest-free period on purchases, but no rewards

Reviewed and recommended by Ben on 25 Nov 2016

My NAB credit card is a reliable card that I can always rely on. However, I get no rewards whatsoever. I want a low rate as I am saving for a wedding and I may need to use it, which is why I applied for this card as it has 15 months interest free on purchases.

It needs rewards though.

Extremely happy with NAB

Reviewed and recommended by Exceptional NAB on 30 Aug 2013

The credit card through NAB was phenomenal. I can use it most places around the world with no issues. I am not signed up for frequent flyer points or the like. But I have this card to use mainly for travels. The low rate of repayments is easily manageable and really makes the best part about my travels and not having to worry about extra money.

They listened to my complaint about interest rate

Reviewed and recommended by Tyron on 18 Apr 2017

I have had this card for 20 years and use it for everyday purchases, but I know full well that I should have a rewards card for everyday purchases, to build up those points.

I originally had an interest rate at around 20%, but after complaining to NAB they reduced it to this low rate of around 12-13%.

Reasonable, steady interest rate

Reviewed and recommended by Michael on 22 Sep 2016

This card is good if you are looking for a card that has a reasonable interest rate. It’s not the best rate, but it’s steady.

The customer support is good. If you have to delay a payment for any reason they are usually understanding. Altogether this is a good card, supplied by a reliable bank with good customer support.

Cheap and easy

Reviewed and recommended by Ellen on 02 May 2017

This is a super simple low rate card. It’s easy to use and won’t cost a fortune.

The application process was very easy and quick. I haven’t had any service issues either.

The app makes it easy to keep track of spending and doesn’t use much data. I definitely recommend this his card to anyone.

Supportive customer service, generally pleased

Reviewed and recommended by Kate supports nab on 31 Mar 2014

I got this credit card while I was working. Fantastic, easy to use, not too high rates. When I feel pregnant and had hard times they were extremely understanding and very helpful. Best customer service I have had in a long time. Always available on the phone easy to get in contact.

Quality low rate card

Reviewed and recommended by D on 20 Sep 2016

This card is great. I can recommend it to anyone looking for such a card. I have never had any problems with it.

The security on the card is pretty much standard across all cards these days.

If you are looking for rewards then you won’t find them here as it is a no-frills option.

Good value for money

Reviewed and recommended by Jaco on 28 Sep 2013

Easy to use and interest rate is good. When we moved from South Africa this credit card helped a lot and that is the main reason why my family and I bank with NAB. Trustworthy and friendly service combined and reliable product, there is nowhere else I want to bank.

Very happy with this card

Reviewed and recommended by I Faber on 15 Jun 2015

We changed to this card and it has made a big difference as the amount of interest we pay has fallen significantly. This means that we finally have a chance of slowly lowering the amount we have outstanding as less of our monthly repayment goes to interest. The change was very easy to make.

Easy to use for small purchases

Reviewed and recommended by Alison on 09 Jul 2016

This low fee card does not have any rewards unless I pay a higher annual fee, but it is linked to a UBank debit card which is automatically replenished on a daily basis and is easy to use for items up to $100. I do not use it for large purchases as I have a GE Credit Line card for those, which often has a no interest deal for three years, sometimes even no payment for three years.

Not much help when things go wrong

Reviewed and recommended by Dave on 16 Jul 2015

I recently had some bad luck financially. Other cards let me have a spell from payments, no interest or fees were added, but NAB, although wanting to help, still wanted some payment. They would ask how much I could afford. Well, my income is $0.00 until I find a job. It was frustrating.

A good choice credit card

Reviewed and recommended by kerri on 29 Aug 2013

I have had the NAB low rate visa card for around five months and I am pleased that I have chosen it. It is much more competitive against other cards and customer service is great.

They won't increase my limit

Reviewed and not recommended by Frank on 07 Jan 2017

A lot of monthly costs mean I am always near or over my limit, and it becomes an issue. They won’t increase my limit. I’d hoped they would increase limit by $2-3k to help me in the short term. But I like NAB as a bank, as they do help me at times. I’m hoping for a better option.

Good for emergency expenses on low income

Reviewed and recommended by Leanne on 29 Sep 2016

It’s good for low incomes but no rewards come with this card. I originally got it for emergency expenses but have since found that once I have reached my limit of $5,000 it seems to take forever to pay it down when all I can afford is the minimum payment due each month. My sole income is a disabled pension from which I also pay my mortgage, food, medications, power, water, land rates, insurances and phone/internet services.

Low fees and easy to use

Reviewed and recommended by Trish on 15 Aug 2013

This card doesn’t try to confuse you with reward systems that will never earn you anything. The true rewards with this card are the low interest rate, ease of use, internet banking that is easy to use, an app for making banking easy to access for smart phones, and the great customer service you get being with the NAB.

Could be better

Reviewed and recommended by Anon on 17 Jul 2015

Interest is high and monthly repayments could be better. Customer service over the phone is generally good and helpful. No rewards for using the card. No freeze of interest if experiencing financial difficulty – gave me a $5000 limit straight up when I only wanted $2000, which has made it difficult to repay what I owe.

Great credit card for the first timer

Reviewed and recommended by Thomas on 25 Sep 2016

I didn’t have a credit card in my life when I signed up for the NAB Low Rate Card over the phone. The staff were very helpful and gave me some tips and tricks to save on fees.

It’s very easy to make repayments online, or offline with an after hours ATM deposit. Also there’s an app, so if I leave my card at home I can use my phone to pay for goods using Visa payWave at almost every store.

Great low rate card!

Reviewed and recommended by Adam on 27 Jun 2016

I have never looked at my statement and been upset by the interest charges, and that’s on a decent size balance. I’ve yet to look into the rewards side, but overall I am very happy with this card, and would highly recommend over any others I have or had in the past!

Pleased with my credit card

Reviewed and recommended by Mihaela on 24 Jun 2016

I am pleased with my credit card because I can use payWave. I am not a big spender, so I can use it for small purchases with no problems. The interest is very low, so it is not affecting me even though I do not work at the moment. I had a couple of unauthorised payments taken and the bank recovered it. Thanks NAB!

Use as little as possible

Reviewed and not recommended by Stewart on 01 Jul 2016

payWave has been convenient. If I do not pay it off each month, the interest counteracts any savings I might make. The annual fee is a wack each year. It’s quite an uninteresting grey card, whereas others are quite colourful or you can choose a design to fit you. I have it just for emergencies—mainly when I do not have a balance in the bank.

Excellent card

Reviewed and recommended by Jane on 22 Oct 2013

I love my NAB low rate credit card. I can set a low minimum amount so it’s handy for the occasional purchases I make online, but I can limit the spending I do on credit. The interest rate is low so it never gets out of control. I can transfer amounts in and out of my credit account through inline banking.

It is OK, but not the cheapest

Reviewed and recommended by Khoa on 19 Jul 2016

It is okay to have, but not the cheapest one. Customer service is good and they care enough when contacted, There are no cold calls for promotion so it is good not to be disturbed. Overseas transaction fee/exchange rate charge is expensive. Everything can be done online. Otherwise, it is best not to have any cards.

Balance transfer used to pay off debt

Reviewed and recommended by J on 25 Jul 2016

I transferred an old credit card balance to my NAB card, and with the free interest period I am saving money and paying off debt.

Customer service is friendly and the online banking website is easy to use.

There are no fees charged to have an additional card issued. Very happy with it.

Great interest saving card

Reviewed and recommended by Belinda on 15 Apr 2017

This card has low interest rates, and is a great way to pay off debt quickly.

The customer service is fantastic – great guys to chat with, to make sure you’re on the right card. Branch staff are fabulous and so friendly. They greet you by name every time without fail.

I would absolutely recommend people to transfer over to this product.

I saved a lot of money with the interest rate

Reviewed and recommended by Brendon on 15 Jun 2016

Convenient and low rate card—I saved a lot of money with this card, and it’s also convenient for everyday banking with NAB. It has great security as well. When my card was skimmed they were straight onto it and reversed the charges. It has an interest-free period as well for convenience. The only negative is that it has no rewards program.

Great, low-cost card, and easy to manage

Reviewed and recommended by Caroline on 21 Sep 2016

I really find this card to one of the best on the market — easy to use, low rate and low fees. It has been perfect to have as a back-up credit card and for expenses, without the huge interest and fees.

I find it very easy to maintain and monitor through online banking, and have experienced great customer service with any query I have had with the card.

Good for emergencies

Reviewed and recommended by Skits on 19 Jun 2015

I like to know I have a credit card on hand for emergencies, it just gives me that piece of mind if things go wrong. It also helps to have it for credit rating and if I need to buy something that only accepts a credit card, really just great for emergencies.

I give them "credit"!

Reviewed and recommended by Melissa on 30 Jun 2016

NAB sure know how to ““nab” me into giving them “credit. Pardon my puns, but they are fantastic all round!

No hidden costs, low fees, low rates, stylish card, amazing customer service that are always available to answer any question I may have, and they actually admit their faults if something does occur… which is hardly ever.

Best credit card I've ever had

Reviewed and recommended by Kat on 24 Sep 2013

I got this credit card after running into trouble with other cards and had to transfer the balances. I have had this card for over 7 years now and will never get another one. The rates are fantastic and I will never have to worry about bills I can’t pay again.

This one seems pretty good

Reviewed and recommended by Cath on 15 Aug 2013

I have never had a credit card before, but this one seems pretty good. You get 45 days interest free and paying most bills online count as a purchase not a cash advance. it was convenient to have that extra money for groceries or bills and then have 45 days to pay it off without any charges

Convenient for direct debits and emergencies

Reviewed and recommended by Hazel on 22 Sep 2016

I have this card for convenience and emergencies. The interest rate is low and it is handy when credit is needed instead of cash or other card transactions. I also use it as a backup for my Paypal account. I also use it for some of my direct debit payments.

Okay card, no complaints

Reviewed and not recommended by Kelly on 01 Aug 2013

I obtained the card to roll my other cards limits to the 6th month 0% for six months … NAB are very strict with their limit and didn’t allow me to increase to roll over. Very strange as my request was declined yet I approached another bank to check if the same thing would happen and they approved me.

Could be better

Reviewed and recommended by Mitchell on 26 Sep 2016

The fees are reasonable and the interest rate is fairy low, making it appealing to people who want low rate cards. However, it’s best to apply in-store rather than online, because I was only offered 70% of my credit transfer from another bank and was informed I would have got the full amount if I had applied through the branch.

I wish I went with a different bank

Reviewed and not recommended by Sandra on 08 Oct 2013

I had this card for emergency only, the NAB bank doesn’t send out statements and than they blame you for not paying your monthly payments on time. Also the customer service reps cant do there jobs, I had to fill my application out 8 times because of their stupidity. I wish I could leave NAB bank.

Great interest-free period, great online service

Reviewed and recommended by Tiffany on 30 Nov 2016

I got this credit card for the interest-free period and transferred the debt from my old card onto it. I paid it off super fast and ended up closing my old card to keep this one.

The online banking is great and I love the interest rate. I would highly recommend this card if you are looking for a simple-to-use, good value credit card.

Good credit card rates to get me out of debt

Reviewed and recommended by Mandy on 21 Sep 2013

Love my credit card. It is easy to use and I get a good interest rate. I am trying to get myself debt free and using this card is helping me and I will hopefully be out of debt by the end of the year and then I will be a happy camper.

Disclaimer: The opinions expressed about credit cards are the reviewer's alone, and do not reflect the views of Credit Card Compare or the credit card issuer. Reviews have not been approved or otherwise endorsed by Credit Card Compare.

Disclaimer: The minimum criteria pointers are intended only to be a guide. Your application may still be rejected by the bank even if you can answer 'Yes' to all the minimum criteria. The final decision regarding your application is up to the bank.